Form 4: Director Boosts FGBI Stake with $250K Stock Purchase

First Guaranty Bancshares Director Marshall T. Reynolds acquired 46,297 shares of common stock for $5.40 per share, increasing his direct beneficial ownership.

Summary

• Marshall T. Reynolds, a Director of First Guaranty Bancshares, Inc. (FGBI), purchased 46,297 shares of common stock.
• The transaction occurred on December 31, 2025, at a price of $5.40 per share.
• Following this purchase, Mr. Reynolds directly beneficially owns 1,993,821 shares of common stock.
• Mr. Reynolds also has indirect beneficial ownership of additional shares through various affiliates and trusts, including 8,460 shares via Reynolds Capital Partners, 693 shares via Purple Cap, LLC, 49,806 shares via M.T. Reynolds Irrevocable Trust, 49,909 shares via grandchildren, 6,655 shares via Champion Leasing Corp., and 624 shares via The Harrah & Reynolds Corp.
• The reporting person disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 8

Explanation: The significant share purchase by a director indicates strong insider confidence in the company's valuation and future prospects, which is generally viewed positively by the market.

Positives

• A Director's purchase of a significant number of shares (46,297 shares) indicates strong insider confidence in the company's current valuation and future prospects.
• The transaction increases the Director's direct beneficial ownership, aligning his interests more closely with those of other shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership of 8,460 shares through affiliate Reynolds Capital Partners.
• Indirect beneficial ownership of 693 shares through affiliate Purple Cap, LLC.
• Indirect beneficial ownership of 49,806 shares through the M.T. Reynolds Irrevocable Trust.
• Indirect beneficial ownership of 49,909 shares through grandchildren.
• Indirect beneficial ownership of 6,655 shares through affiliate Champion Leasing Corp.
• Indirect beneficial ownership of 624 shares through affiliate The Harrah & Reynolds Corp.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal, potentially increasing confidence in the company's stock.
• The increased alignment of management and shareholder interests could be seen favorably by investors.

Key Dates

Recommendation

The director's purchase of a significant number of shares at $5.40 per share signals strong insider confidence in First Guaranty Bancshares, Inc.'s valuation and future performance, suggesting a positive outlook for investors.

Keywords

First Guaranty Bancshares, FGBI, Marshall T. Reynolds, Insider Trading, Form 4, Stock Purchase, Director Share Purchase, Beneficial Ownership, Bank Stock